eClosing Program
Introducing the eClosing Program, a comprehensive online closing solution for the title and settlement industries.
Our exclusive eClosing Program provides your borrowers the opportunity to review and approve the execution of their loan documents online from anywhere in the world.
Requirements
In order to qualify for Titleserv’s eClosing Program, your borrower's computer must meet the following minimum requirements:
- High Speed Internet Connection
- Internet Explorer version 6
- Screen Resolution of 1024 x 768
- Adobe Flash Player 7
- JavaScript Enabled
- Cookies Enabled
Why choose a Titleserv eClosing?
Titleserv’s exclusive eClosing program is a web-based solution for the entire loan closing process. It replaces aspects of a traditional closing and places those events on the Internet while keeping all borrower information safe and secure.
- Close anywhere
- Borrowers can close anywhere in the world by using a web browser and a phone. Multiple borrowers can even close using the same computer.
- No software to install
- Works with existing software already installed on computers browsing the Internet today.
- Completely secure
- No documents are actually sent to computers or downloaded by borrowers. No risk of fraudulent modification.
- Comprehensive auditing
- We record all IP addresses, all borrower responses, all documents shown to the borrowers, and the entire phone conversation.
- Reduces Funding Delays
- Signing issues such as missed signatures can easily be corrected post-closing.
How does it work?
Titleserv obtains permission to sign loan documents on behalf of the borrower via a Limited Power of Attorney. This removes the need for a borrower to be physically present at the closing.
On the date of the eClosing, all parties involved will join an online eClosing session and phone conference with one of our qualified eClosers. Over the course of the session our eCloser will review the loan documents with the borrower, displaying them onto the borrower's screen, just as if they were all sitting together at the closing table.
After the eClosing session, executed loan documents will be emailed to the borrower within 2-3 business days. These documents will also be available online.
To learn more about our eClosing Program, take our online tour or get more details!
Safe and Secure
Titleserv has designed our eClosing solution specifically with your client’s safety and security in mind. By combining cutting edge technology with the human element, we have devised a multi-layer security process that goes far beyond that of competing solutions.
The entire eClosing session is also secured using 128-bit SSL encryption signed and verified by VeriSign, the recognized leader in internet security certification.